As of close of business last night, TJX Companies, Inc.’s stock clocked out at $96.40, down -1.02% from its previous closing price of $97.39. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 6414627 shares were traded. TJX stock price reached its highest trading level at $97.67 during the session, while it also had its lowest trading level at $96.22.
Ratios:
To gain a deeper understanding of TJX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 19.62 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.34. For the most recent quarter (mrq), Quick Ratio is recorded 0.64 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.50.
On November 16, 2023, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $100 to $105.
On November 07, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $105.Evercore ISI initiated its Outperform rating on November 07, 2023, with a $105 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 04 ’24 when Herrman Ernie sold 20,000 shares for $98.40 per share. The transaction valued at 1,967,916 led to the insider holds 556,105 shares of the business.
Greenlees Louise sold 2,694 shares of TJX for $266,259 on Mar 01 ’24. The SEVP – Group President now owns 50,273 shares after completing the transaction at $98.83 per share. On Dec 07 ’23, another insider, Herrman Ernie, who serves as the CEO & President of the company, sold 17,000 shares for $89.06 each. As a result, the insider received 1,514,066 and left with 576,105 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TJX now has a Market Capitalization of 109.86B and an Enterprise Value of 116.81B. As of this moment, TJX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.95, and their Forward P/E ratio for the next fiscal year is 21.31. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.03 while its Price-to-Book (P/B) ratio in mrq is 16.09. Its current Enterprise Value per Revenue stands at 2.15 whereas that against EBITDA is 17.28.
Stock Price History:
Over the past 52 weeks, TJX has reached a high of $102.84, while it has fallen to a 52-week low of $72.92. The 50-Day Moving Average of the stock is 96.03, while the 200-Day Moving Average is calculated to be 89.17.
Shares Statistics:
It appears that TJX traded 4.91M shares on average per day over the past three months and 6.24M shares per day over the past ten days. A total of 1.16B shares are outstanding, with a floating share count of 1.14B. Insiders hold about 0.14% of the company’s shares, while institutions hold 93.89% stake in the company. Shares short for TJX as of Feb 15, 2024 were 12.46M with a Short Ratio of 2.54, compared to 10.93M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.09% and a Short% of Float of 1.09%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.33, TJX has a forward annual dividend rate of 1.33. Against a Trailing Annual Dividend Yield of 1.37%, it implies a Forward Annual Dividend Yield of 1.38%. The stock’s 5-year Average Dividend Yield is 1.35. The current Payout Ratio is 34.45% for TJX, which recently paid a dividend on Mar 07, 2024 with an ex-dividend date of Feb 14, 2024. Stock splits for the company last occurred on Nov 07, 2018 when the company split stock in a 2:1 ratio.
Earnings Estimates
As of right now, 20 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.87 for the current quarter, with a high estimate of $0.9 and a low estimate of $0.84, while EPS last year was $0.76. The consensus estimate for the next quarter is $0.93, with high estimates of $1.02 and low estimates of $0.88.
Analysts are recommending an EPS of between $4.31 and $3.96 for the fiscal current year, implying an average EPS of $4.08. EPS for the following year is $4.51, with 25 analysts recommending between $4.93 and $4.25.
Revenue Estimates
A total of 23 analysts have provided revenue estimates for TJX’s current fiscal year. The highest revenue estimate was $57.18B, while the lowest revenue estimate was $54.92B, resulting in an average revenue estimate of $56.22B. In the same quarter a year ago, actual revenue was $54.22B, up 3.70% from the average estimate. Based on 22 analysts’ estimates, the company’s revenue will be $59.41B in the next fiscal year. The high estimate is $60.99B and the low estimate is $57.77B. The average revenue growth estimate for next year is up 5.70% from the average revenue estimate for this year.
